Market Volatility Follows Earnings Miss and Jobs Report; May CPI Data to Be Key Test
The S&P 500's nine-week winning streak ended after Broadcom missed earnings expectations, followed by a strong jobs report that erased $1.4 trillion in market value. The upcoming May CPI data on Wednesday is critical for determining whether the bull market resumes or faces further correction.
Tickers: $AVGO
Topics: bull market earnings report Federal Reserve inflation S&P 500